FxWirePro: EUR/ NZD gains some upside momentum but still bearish 
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FxWirePro: NZD/USD edges higher but bulls lack punch 
FxWirePro: NZD/USD soured risk gives US Dollar bulls the win 
FxWirePro: USD/ZAR downside pressure builds, key support level in focus 
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FxWirePro: EUR/ NZD dips towards 1.9700 level ,scope for further downside 
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FxWirePro: GBP/NZD downtrend extends, remains on bearish path 
FxWirePro: USD/ZAR gains some upside as rand weakens after sour local jobs data 
FxWirePro: GBP/USD dips as UK political tensions drag pound lower 
FxWirePro: EUR/AUD downside pressure builds, key support level in focus 
FxWirePro: GBP/AUD slips lower amid heightened UK political uncertainty 
• USD/ZAR rose higher as South Africa's rand weakened as a stronger dollar and rising oil prices weighed on risk sentiment.
•The U.S. dollar strengthened against a basket of currencies and was on track for its biggest weekly gain in over two months.
•Oil prices rose more than 1% after President Donald Trump said China wanted to buy U.S. oil, while concerns over ship attacks and seizures in the Strait of Hormuz persisted despite Iran saying around 30 vessels had crossed the waterway.
•Like other risk-sensitive currencies, the rand often takes cues from global drivers. It has been at the mercy of global market sentiment since the start of the U.S.-Israeli war with Iran at the end of February.
• Immediate resistance is located at 16.798 (Higher BB), any close above will push the pair towards 16.904(38.2%fib).
• Strong support is seen at 16.633(Daily low) and break below could take the pair towards 16.557(SMA 20).
Recommendation: Good to buy around 16.650 with stop loss of 16.400 and target price of 16.800
